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Silver prices dropping

PostPosted: Mon Jan 17, 2011 9:24 pm
by panther
Why? How far down do you guys think it will go? How long before it hits 30+ again? Today is looking like 5 days straight of dropping silver prices. WTF :(

(yes, noob)

Re: Silver prices dropping

PostPosted: Mon Jan 17, 2011 9:25 pm
by Corsair
Why so disappointed about silver prices dropping? Now is a great time to pick up. I'm sure you could snag some 90% on the forums for less than 20x. That's not too bad.

Also, welcome to Realcent.

Re: Silver prices dropping

PostPosted: Mon Jan 17, 2011 9:31 pm
by Country
Think long term... Who cares what happens in a few days. If you've got the CASH (use your money not borrowed money), do some incremental buying as it corrects to lower levels periodically. Remember, SILVER is volitile, and can easily go down 20% at any time. :)

Re: Silver prices dropping

PostPosted: Mon Jan 17, 2011 9:34 pm
by TXBullion
I think its hilarious how any investment people make, they want it to go up in value and get concerned when it starts to drop. All these guys who own a lot would get excited if it crashed to 10$ so they could "back the truck up". I used to be concerned with drops but I guess the lower the better?! Never really caught that but I think I may slowly be entering that club...

Like the one guy said in those cartoon videos "I hope silver drops to 1$ so I can buy a pool of maples"

Re: Silver prices dropping

PostPosted: Mon Jan 17, 2011 9:55 pm
by Thogey
TXBullion wrote:I think its hilarious how any investment people make, they want it to go up in value and get concerned when it starts to drop. All these guys who own a lot would get excited if it crashed to 10$ so they could "back the truck up". I used to be concerned with drops but I guess the lower the better?! Never really caught that but I think I may slowly be entering that club...

Like the one guy said in those cartoon videos "I hope silver drops to 1$ so I can buy a pool of maples"


Hell yea!

I hate these high prices

Re: Silver prices dropping

PostPosted: Tue Jan 18, 2011 1:43 am
by panther
ya but considering i have almost every penny i have sunk into silver right now, I need it to go up a bit or at least maintain so that I can sell it when it arrives. but yeah if it dropped id love to buy more too.. once i sell what i have while its high.

Re: Silver prices dropping

PostPosted: Tue Jan 18, 2011 4:06 am
by Rosco
Your not Stacking if your going to sell any :? Buy more an forget price :idea:

Re: Silver prices dropping

PostPosted: Tue Jan 18, 2011 6:35 am
by Tantalar
considering stock market was closed monday for the US, and on sunday the president of China openly states that he has no faith in the US dollar and that it is on its way out... if this doesn't sound an alarm for everyone in the US to buy silver and gold I don't know what will. I would imagine that Today (tuesday) prices would shoot up to 30+ if anyone in the US cares about their future in this country

Re: Silver prices dropping

PostPosted: Tue Jan 18, 2011 8:30 am
by Country
PMs up smartly this morning. :mrgreen:

Re: Silver prices dropping

PostPosted: Tue Jan 18, 2011 10:00 am
by AGCoinHunter
Tantalar wrote:considering stock market was closed monday for the US, and on sunday the president of China openly states that he has no faith in the US dollar and that it is on its way out... if this doesn't sound an alarm for everyone in the US to buy silver and gold I don't know what will. I would imagine that Today (tuesday) prices would shoot up to 30+ if anyone in the US cares about their future in this country



Couldnt agree more. The dollar is loseing, hedge yourself while you can.

Re: Silver prices dropping

PostPosted: Tue Jan 18, 2011 11:38 am
by NDFarmer
I was buying silver a year ago when the price was in the teens and I am still buying today when the price is $30.00. I hope it does pull back to $20.00 I will buy even more.

Re: Silver prices dropping

PostPosted: Tue Jan 18, 2011 12:46 pm
by Copper Catcher
NDFarmer wrote:I was buying silver a year ago when the price was in the teens and I am still buying today when the price is $30.00. I hope it does pull back to $20.00 I will buy even more.


I'm with you on that one NDFarmer....Sooner rather than later we all will wish we had a boat load more silver... :P

Re: Silver prices dropping

PostPosted: Tue Jan 18, 2011 5:23 pm
by jasmatk
Im glad it is down it gives me a chance to buy at a lower price. Im in it for the long haul so I could care less up a couple down a couple.enjoy the buying chance while you can its going to be high enough soon enough

Re: Silver prices dropping

PostPosted: Tue Jan 18, 2011 6:08 pm
by Jonflyfish
I could be 100% wrong but it looks like a pop higher in silver is now imminent

Re: Silver prices dropping

PostPosted: Tue Jan 18, 2011 6:21 pm
by TXBullion
Jonflyfish wrote:I could be 100% wrong but it looks like a pop higher in silver is now imminent


any insight as far as percentages jff? Won't hold you to it :D

Re: Silver prices dropping

PostPosted: Tue Jan 18, 2011 6:47 pm
by Jonflyfish
TXBullion wrote:
Jonflyfish wrote:I could be 100% wrong but it looks like a pop higher in silver is now imminent


any insight as far as percentages jff? Won't hold you to it :D


Wish I could throw some probabilities out there but someone else might hold me to it and of course that is not a good thing since this is not advice nor solicitation for trading. I'm just happy to share what I see. Right now various factors are aligning for a break higher. Maybe I'll be 100% wrong of course. :ugeek:

Re: Silver prices dropping

PostPosted: Wed Jan 19, 2011 3:45 pm
by Tantalar
Amazing how silver shot straight up to $29.50 and then all of a sudden just fell off a cliff! I really thought we were going to see it boom. I'm considering throwing down some more $ for silver while its under $29. I guess I might as well get it while its still "cheap"

Re: Silver prices dropping

PostPosted: Wed Jan 19, 2011 9:52 pm
by beauanderos
Tantalar wrote:Amazing how silver shot straight up to $29.50 and then all of a sudden just fell off a cliff! I really thought we were going to see it boom. I'm considering throwing down some more $ for silver while its under $29. I guess I might as well get it while its still "cheap"

can you say manipulation? Who are they kidding? The position limits aren't going to stop the banksters, only above ground complete silver depletion.

Re: Silver prices dropping

PostPosted: Wed Jan 19, 2011 11:31 pm
by Jonflyfish
It looks like another surge higher is about to commence yet again. Perhaps this time it will be more of a one way street and stick higher.

Re: Silver prices dropping

PostPosted: Thu Jan 20, 2011 9:51 am
by Rodebaugh
TIMBERRRRRRR!!!!

as the idiots on yahoo stock Message boards often say.

Re: Silver prices dropping

PostPosted: Thu Jan 20, 2011 10:14 am
by AGCoinHunter
Here we go... roller coaster ride.

Re: Silver prices dropping

PostPosted: Thu Jan 20, 2011 10:23 am
by involuntary tentacle
ag can move up or down, im still getting it.

up, and my procurement slows down

down, and i can get more.

sure, ag can hit $20 if they allow it to. but has anyone thought that no one might not want to sell it at that price?
my LCS has stated that if au drops below $1300, they will stop selling it. i wonder if anyone else will have the same attitude towards ag.
just something for the people who plan on BACKING THE TRUCK UP to think about.

Re: Silver prices dropping

PostPosted: Thu Jan 20, 2011 11:07 am
by Rodebaugh
involuntary tentacle wrote:ag can move up or down, im still getting it.

up, and my procurement slows down

down, and i can get more.

sure, ag can hit $20 if they allow it to. but has anyone thought that no one might not want to sell it at that price?
my LCS has stated that if au drops below $1300, they will stop selling it. i wonder if anyone else will have the same attitude towards ag.
just something for the people who plan on BACKING THE TRUCK UP to think about.


Some will limit sells......but product will be there.

ASEs must meet investor demand ;)

Re: Silver prices dropping

PostPosted: Thu Jan 20, 2011 1:30 pm
by Jonflyfish
Buy signal at 27.45

Re: Silver prices dropping

PostPosted: Thu Jan 20, 2011 1:31 pm
by Jonflyfish
Long at 27.45. I think this is where it might stick for a nice rally higher. Let's see...